Hello Steemit Community!
Yesterday a whale wasted $22,000(~43 eth) in gas to get an allocation in the hyped ICO Fantom, he got 529 eth ($265,000) worth of tokens from the 4 million available in the crowdsale.
Alot of ICO's do crowdsale to bring something to the community, Fantom case they raised 36 millions in presale and allocated 4 millions for "community" but without gas limit and no guarantee allocation there is no point to make a crowdsale because this kind of situations will happen and doesn't help the community, why not a community airdrop?
You can check the Etherscan transcation
What you think about this kind of situations?
Follow me on Twitter @johnycrypto
If you like this post or have something to say or ask, please upvote, follow and comment :D
Do you mean Gas crypto or?
Ethereum gas used on transactions